Unemployment and Layoffs

California is often portrayed in the media as a place of constant glamor and happiness. The underreported storyline is that there is a lot of debt in California just as there is throughout the rest of the country as well. It is almost surprising that more people do not hear about the overwhelming levels of debt that are being carried around by the average person in California.

The economy as a whole has dramatically shifted in a positive way in the last ten years or so. At the worst of the recession, the unemployment rate in California climbed to more than twelve percent. There were numerous foreclosures on homes that the residents could no longer afford to make the payments on....

Related "Unemployment and Layoffs" Articles

California is often portrayed in the media as a place of constant glamor and happiness. The underreported storyline is that there is a lot of debt in California just as there is throughout the rest of the country as well. It is almost surprising that more...

After 58 years of Jefferson Davis’ name marking the facade of the middle school on Todds Lane, a different American war figure’s name is now emblazoned upon the brick exterior.
Cesar Tarrant Middle School, named after a slave from Hampton who guided...

More people found jobs as the civilian labor force expanded in the greater Peninsula area in July, according to the latest labor data.
The greater Peninsula had 4,779 more people in jobs in July than in July last year, according to the Virginia...

Virginia’s unemployment lines are shrinking, and the Virginia Employment Commission is on track to handle the lowest number of new claims for benefits in 45 years.
Based on a drop in claims filed through June, the VEC expects an 11 percent drop in new...

Less than two months after selling the Los Angeles Times, Tronc is weighing an offer to sell the Chicago Tribune and the rest of its newspaper holdings to a private equity firm, sources close to the company said Wednesday.
A bid of between $19 and $20...

More Peninsula-area residents joined the labor force and were working in jobs in June compared with June 2017, according to the latest labor data.
In June, compared with June 2017, the Peninsula-area civilian labor force expanded by 2,490 workers, the...

More people on the greater Peninsula found jobs in May while the civilian labor force grew and the number of jobless shrank, according to the latest labor data.
In May, compared with May 2017, the labor force on the Peninsula and surrounding area grew by...

Nearly 10,300 more people had jobs in Hampton Roads in February than in the same month last year, according to the latest labor data.
While the Hampton Roads civilian labor force increased by 1,919 people, 10,294 more people were estimated to have jobs...

Movement Mortgage laid off workers company-wide in four locations, including Norfolk, The Virginian-Pilot reports.
While 75 jobs were eliminated, it's not known how many layoffs were in Norfolk. Read the full Pilot story here.

Editor’s note: DP Buzz is an interactive feature of the Daily Press Opinion Page. We email weekly questions on issues and topics affecting Peninsula-area citizens. Each week, subscribers can choose to weigh in with a short answer. Here is a sampling;...

The Peninsula, Gloucester, Mathews and Isle of Wight had lower employment and unemployment as the civilian labor force shrank in December 2017 compared with the same month a year earlier, according to the latest labor data.
The greater Peninsula area...

Walmart, the world's largest private employer, is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time cash bonus of up to $1,000 to eligible employees and expanding its maternity and parental leave benefits. The retailer said...

The Peninsula, along with Gloucester, Mathews and Isle of Wight, experienced a drop in its civilian labor force by 2,013 workers in November 2017 compared with November 2016, according to the latest labor report.
Hampton Roads’ civilian labor force shrank...

The Colonial Williamsburg Foundation surprised greater Peninsula area residents with the announcement that the nonprofit was bleeding money and needed to restructure to become financially stable in the long term, having lost $277 million over the previous...

While unemployment remained low, the Hampton Roads civilian labor force shrank by 5,898 workers in October compared with October last year, according to the latest labor data.
Most of the labor force loss came with the unemployment tally dropping by...

On the Peninsula and surrounding area, 2,748 more people were employed in September than the same month last year, according to the latest labor data.
Additionally, the number of Peninsula residents without jobs fell by 1,594 people from 13,338 jobless...

After Hurricane Irma pounded the Florida Keys, flooding waterfront homes and shredding docks, Brett Ekblom's phone kept ringing with homeowners desperate to rebuild - and fast.
"I'm hearing from people who have had quite a bit of destruction," said...

Earlier this year, a government watchdog report warned that Huntington Ingalls Industries was missing its efficiency targets in building the second Gerald R. Ford class aircraft carrier, the John F. Kennedy.
An analysis “shows the shipbuilder is not...

More Peninsula residents found jobs in July as unemployment rates dropped from July 2016 in every locality except Poquoson, according to the latest labor data.
The Hampton Roads unemployment rate stayed flat at 4.4 percent from June to July, but was...

Nearly 13,000 more people were employed in Hampton Roads this June than during the same period in 2016, according to the latest labor data.
The Hampton Roads civilian labor force also grew by 10,218 workers while 2,686 fewer people were jobless year over...